Category Archives: Uncategorized

xxx ERC-725 specifically defines and standardizes the actions all identity implementations need to take, such as adding claims to the smart contract and the mechanism for obtaining those claims later. From The Father of the ICO Is All About Identity Now – CoinDesk xxx

xxx The “petro” will be backed by Venezuela’s key natural resources (diamonds, gas, gold and oil) and, in theory, will help it get around the “financial blockade” imposed by the US and other nations. From Venezuela will start its own digital currency to beat sanctions xxx

xxx truthfully answering secret questions is a surefire way to get your online account hacked From San Francisco Rail System Hacker Hacked — Krebs on Security xxx

xxx Why Hong Kong has Mao to thank for ID cards From Design of new Hong Kong smart identity card revealed | South China Morning Post Well, we can’t testify to any input from Mao, but we certainly can testify to the great job that Consult Hyperion did helping to design this, the world’s firstContinue reading “POST Post-modern identity cards”

xxx Amazon Pay is coming soon to apps developed for Amazon’s Alexa by third-party developers… A developer preview made available yesterday also indicated that Alexa’s Amazon Pay-powered skills will expanded more dramatically in 2018. From Amazon Pay Comes To Alexa Skills | PYMNTS.com xxx

xxx But there is a risk for banks that customers move away from their own apps or online services, weakening their relationship and thwarting their ability to cross-sell. It could leave banks as the plumbing behind the scenes, used to facilitate the movement of money. From UK banks prepare to share customer data in radicalContinue reading “UK banks prepare to share customer data in radical shake-up”

Thanks to Richard van Arnholt for pointing out to me that NIST now states that if authentication is used via sms (out-of-band), ‘the verifier SHALL verify that the pre-registered telephone number being used is associated with a specific physical device. […] Verifiers SHOULD consider risk indicators such as device swap, SIM change, number porting, orContinue reading “POST 2FA SMS”

xxx Blockchain could become the future of the passport. It is a transparent and tamper-proof ledger, which can be used to verify a person’s identity. From Blockchain: the future of the passport? | Reform This sounds like typical magical thinking, but if you look at the diagram in their report, what it actually shows isContinue reading “Blockchain: the future of the passport? | Reform”

xxx Instead, du Toit predicts, banks will partner with Amazon and others. Lenders would manufacture financial products, and tech giants would serve as distribution and servicing channels. In other words, what Amazon already does with consumer goods. Yet because distribution accounts for two-thirds of banking profits, according to a McKinsey & Co. report, banks mayContinue reading “Consumers Want Tech Firms to Take On the Banks – Bloomberg”

The “meme” that banks are, essentially, a special kind of technology company (special because they are granted special privileges that other companies do not have, such as the ability to create money) is common. Here’s what Christian Edelmann and Patrick Hunt said in the Harvard Business Review: “Technology specialists will play a greater role in allocatingContinue reading “POST Well, yes, banks are technology companies”